Chipmaker Renesas Electronics to Buy Altium in $5.9 bn Deal
Japanese chipmaker Renesas Electronics is set to acquire Australian-listed electronics design company Altium for A$9.1 billion ($5.91 billion) in an all-cash transaction. The deal,...
Tower Semiconductor Forecasts revenue of $325 mn for First-Quarter
Tower Semiconductor has released its financial results today for the fourth quarter and full year ended December 31, 2023.
Fourth Quarter 2023 Overview
During the fourth...
GlobalFoundries Revenue Dips 9% to $7.4 bn
GlobalFoundries, a leading semiconductor manufacturer, has projected first-quarter revenue in the range of $1.50 billion to $1.54 billion.
The chipset maker’s outlook is fueled by...
Intel Showcases Breakthrough Innovations at MWC Barcelona 2024
In a bid to revolutionize the landscape of hardware, software, and services with AI integration, Intel is set to unveil groundbreaking innovations at MWC...
ASM International Announces CEO Succession Plan: Hichem M’Saad to Succeed Benjamin Loh
ASM International has disclosed its CEO succession plan, with CEO Benjamin Loh set to retire and step down at the Annual General Meeting (AGM)...
Tower Semiconductor Proposes $8 bn Semiconductor Facility in India
Israel's Tower Semiconductor has submitted a proposal to the Indian government to set up an $8 billion chipset manufacturing facility, Indian Express reported on...
US Unveils $5 bn Investment in Semiconductor Research and Workforce Development
The Biden-Harris Administration has announced an investment exceeding $5 billion in semiconductor-related research, development, and workforce initiatives, including the establishment of the National Semiconductor...
Arm Reports Record Revenue as AI Chip Business Gains
Arm Holdings, a UK-based technology company specializing in semiconductor intellectual property, announced its financial results for the third quarter of fiscal year ending 2024,...
China’s SMIC Posts Drop in 2023 Revenue as Sales in Americas Dip
Semiconductor Manufacturing International (SMIC), China’s leading chipmaker, has disclosed its financial performance for the October-December quarter, revealing a 3.5 percent increase in revenue to...
TSMC Reveals Plans for Second Japanese Chip Plant, Bolstering $20 bn Investment
TSMC, the leading global chipmaker, has revealed its intention to construct a second plant in Japan, with operations slated to commence by the conclusion...
Infineon Reduces Revenue and Capex Forecast for 2024 Fiscal Year
Infineon Technologies AG has revised its revenue target for the fiscal year 2024, now aiming for approximately €16 billion, down from the previous guidance...
NXP Semiconductors Records Marginal Growth in Q4 and Full-Year Financial Results
NXP Semiconductors, a leader in semiconductor solutions, has unveiled its financial results for the fourth quarter and full year ending December 31, 2023, showcasing...
Semiconductor Industry Reports $526.8 bn in Sales, Dropping 8.2% for 2023: SIA
The Semiconductor Industry Association (SIA) disclosed that semiconductor industry sales amounted to $526.8 billion in the year 2023. This figure represents an 8.2 percent...
AI Advancements to Power DRAM and NAND Flash Business in 2024: TrendForce
There will be significant growth in both DRAM and NAND Flash, particularly in AI applications spanning smartphones, servers, and notebooks, due to demand for...
Intel Faces Setback in $20 bn Ohio Chipmaking Project: Construction Delayed Until Late 2026
Intel, a prominent player in the semiconductor industry, is reportedly facing delays in the construction timeline of its $20 billion chipmaking project in Ohio....
Skyworks Solutions Posts Strong Q1 Results and Positive Outlook
Skyworks Solutions, a leading semiconductor manufacturer, has released its financial results for the first fiscal quarter, concluding on December 29, 2023.
Skyworks Solutions reported a...